Real Matters Inc. (TSE:REAL) Receives C$8.82 Average PT from Analysts

Real Matters Inc. (TSE:REAL) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$8.82.

A number of equities research analysts have recently issued reports on REAL shares. National Bankshares upped their target price on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Raymond James decreased their target price on shares of Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. Canaccord Genuity Group lowered their target price on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Cormark increased their price target on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Finally, BMO Capital Markets lowered their price objective on Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd.

Real Matters Stock Performance

Shares of TSE:REAL opened at C$6.60 on Friday. The business’s 50 day moving average price is C$7.36 and its 200-day moving average price is C$7.17. Real Matters has a 1 year low of C$4.95 and a 1 year high of C$9.46. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. The firm has a market capitalization of C$484.64 million, a PE ratio of 165.00, a P/E/G ratio of -59.18 and a beta of 0.86.

Insider Activity at Real Matters

In related news, Director Kay Brekken acquired 5,600 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of C$8.97 per share, with a total value of C$50,239.84. Also, Director Frank Vincent Mcmahon sold 33,451 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of C$9.25, for a total value of C$309,425.10. 5.17% of the stock is currently owned by insiders.

About Real Matters

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.